Just got off the phone after a nice chat with my Dad. He always helps me think through everything I am trying to do, and give me some good feedback.
business goals
- $9,000+ Monthly business revenue. Goal Date: June 1 2007 (current revenue is 7K)
- Reduce client cancellation rate to no more than 10 per month
personal goals
- Get house sold via short sale by July 1
- Burn no bridges with current roommates and have the landlord/tenant relationship end amicably
- talk openly with my friend about this whole mess starting in May
- find a creative solution to having a place to sleep, without spending any $
- save $1000 in my emigrant direct account (currently $300)
{ 3 comments… read them below or add one }
Hey Debt Kid:
A few ideas re: low cost renting.
For two years, while living in California, I had a second home in the Pacific NW. I only came up every four to eight weeks. To offset the mortgage, I found a “roommate” who lived in the place full-time. This person got everything you could imagine for $500 p/month with the knowledge and understanding that every so often (with anywhere from 12 to 48 hours notice) I would be a guest in the second master suite.
This worked out great. My “roommate” made sure the place was safe and secure when I wasn’t there and I got a small offset on my mortgage.
Because the true market rent on my second home was significantly more, I encouraged both roommates to put the balance they would have spent in renting the place as a solo tenant into savings to buy a home. Both did.
Perhaps you can find a situation like that where someone has a second home in Seattle where they need a “caretaker” on the property when they are away.
Just a thought
You know what they say – It’s impossible to attain your goals if you don’t have any.
Good job putting your goals down on paper. That’s half the battle some times.
I’m going to get creative with my living situation…thanks for the tip ‘creative’….I’ll be looking at arrangements like that soon.